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XT Pre-Market Trading: LINEA (LINEA) Listing Soon

XT.COM 2025年07月30日 05:50

Dear XT Users:
 

XT is about to launch LINEA (LINEA) pre-market trading. Users can trade in advance before LINEA opens for spot trading. Details are as follows:

  • Trading Start Time: July 30, 2025, 17:00 (UTC+8)
  • Delivery Start Time: Please refer to the trading details page for specific delivery time
     

【About LINEA】

On Linea, ETH is used to pay for gas fees, and both ETH and LINEA in L2 fees will be burned. Definition and non-definition of LINEA token: LINEA is not a gas token (gas is paid by ETH. Currently, there is no on-chain governance or DAO. No token allocation or sale to employees/investors; Consensys Software retains 15% of the tokens, requiring a 5-year unlock. Part of the net ETH income (L2 fees minus L1 costs) is used to repurchase and burn LINEA. LINEA is used to fund developers, users, liquidity providers, and Ethereum public goods, earned through network participation, not capital purchase.

Blockchain Link: https://linea.build

 

About XT Pre-market OTC Trading:

What is Pre-market OTC Trading?
 
XT Pre-market OTC Trading is an innovative over-the-counter trading platform that allows users to trade upcoming new coins through peer-to-peer methods before the project tokens are listed on the XT spot market. Buyers and sellers can freely quote and match, enabling early position building and price exploration, laying the foundation for trading after official listing.
 
How Does Pre-market OTC Trading Work?
 
P2P Order Matching
  • Users can set prices and quantities according to their own wishes and freely place orders for trading;
  • Supports users actively creating orders or selecting from existing orders to complete transactions;
  • Achieves market-based price discovery, increasing trading freedom.
 
Token Delivery Mode
  • Sellers need to prepare the full amount of project tokens before the delivery time;
  • After the transaction is completed, the system automatically completes the settlement process of "one hand pays, one hand delivers";
  • If unable to fulfill the contract, the system will activate a margin compensation mechanism to protect the buyer's rights.
 
Transaction Guarantee Mechanism
To enhance transaction reliability and security, the system will freeze the funds of both buyers and sellers as performance guarantees when placing orders. In case of default, the frozen margin will be automatically processed as compensation.
 
Advantages of XT Pre-market OTC Trading
  1. Early Positioning: Enter the market before the spot market opens, potentially acquiring high-quality project tokens at low prices.
  2. Market Pricing: P2P trading mechanism supports users in independently discovering prices, not limited by centralized quotes.
  3. Liquidity Guarantee: Each order pre-freezes assets, ensuring smooth transaction matching and efficient execution.
  4. Fund Security: Equipped with a performance margin mechanism, automatic compensation in case of default, reducing counterparty risk.
  5. Community Participation: Activates the community and agents to actively promote, guiding market heat and laying the traffic foundation for spot listing.
 
Risk Warning:Projects opened for pre-market trading do not necessarily mean they will open for spot trading. If the project party defaults or engages in high-risk behavior, XT Trading has the right to terminate the trading pair and cancel all completed and pending orders. At that time, the system will refund users' frozen funds without charging any fees.

 

Thank you for your support and trust in XT!
XT Team
July 30, 2025

 

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XT reserves the right to modify, change, or cancel this announcement at any time at its sole discretion for any reason.